Oak125 layers a Section 125 supplemental plan on top of your existing major medical coverage — increasing take-home pay for employees and cutting payroll tax costs for you, at no net cost to your business.
Every year, employers face the same squeeze: costs go up, coverage feels flat, and good people leave for better packages.
Renewal increases regularly run ahead of what was planned for, leaving less room to invest anywhere else in the business.
Wage increases get absorbed by rising deductibles and out-of-pocket costs, so employees don't feel the raise they were given.
A thin benefits package is one of the quiet reasons strong employees start looking elsewhere, and replacing them costs far more than keeping them.
Oak125 is a 100% voluntary, IRS Section 125 qualified supplemental plan. It sits alongside your current major medical coverage and broker relationship — nothing about your existing plan changes.
Most employers move from initial conversation to live enrollment in a matter of weeks, with our team handling the paperwork.
Share basic payroll and headcount information. We model your exact projected savings before you commit to anything.
Eligible employees are enrolled through a simple process, with the option to opt out — no disruption to current coverage.
Once active, pre-tax contributions start reducing FICA costs and employees gain access to their supplemental benefits.
Based on a fixed savings rate of $573.60 per enrolled employee per year.* Adjust the slider to match your headcount.
Oak125 is offered through Oak Insurance Group, a general agency that has worked with employers and independent insurance professionals nationwide.
The most common things employers ask before implementing a Section 125 supplemental plan.
A Section 125 plan, sometimes called a cafeteria plan, lets employees pay for certain benefits with pre-tax dollars. A supplemental plan under Section 125 adds coverage on top of an employer's existing major medical plan while reducing FICA tax exposure for both employer and employee.
No. Oak125 is designed to stack on top of your existing major medical coverage and broker relationship. It does not replace your current plan or require you to switch carriers.
Savings are based on a fixed rate of $573.60 per enrolled employee per year, driven by reduced FICA tax liability and a decrease in claims against your major medical plan. Actual totals depend on your headcount and participation rate.
No. The plan is 100% voluntary. Qualifying employees can be auto-enrolled for convenience, but they're free to opt out at any time.
After reviewing your census and modeling savings, most employers move to an active enrollment within a few weeks. Our team manages the paperwork throughout.
Share your employee count and we'll show you a no-obligation estimate of what a Section 125 supplemental plan could save your business.